With the withdrawal of tax relief on buildings, which was gradually withdrawn by 2011, it is important to maximise relief on anything that qualifies for capital allowances as plant, so as to reduce the tax liabilities arising on business profits.

We look at some of the allowances and practical points to maximising your capital allowance claim.

The government are committed to moving the tax system to a digital platform for virtually all tax compliance, and they believe this will make it easier for individuals and businesses to get their tax right and keep on top of their affairs.